Complex Commercial Foreclosure

Private Commercial Lender

Representation of a private commercial lender in an action to foreclose a $6.7 million loan made to a group of developers in Naples, Florida. Successfully negotiated and structured a favorable settlement resulting in a consent judgment for $8 million. Thereafter successfully represented the client in connection with borrower’s attempts to block the foreclosure sale through bankruptcy resulting in favorable orders enforcing the borrower's pre-bankruptcy waiver of the automatic stay.

Related Practices
Representation of a Miami-based private lender in connection with various court proceedings involving foreclosure on a $23 million property in Miami, Florida. Successfully guided client through proceedings in Florida state court, bankruptcy court, and ultimately on appeal, securing client’s title to...
Representation of Lincoln Pointe Apartments, a joint venture between Tarragon and Sheafor Development, regarding a judicial challenge of the City of Aventura's denial of Lincoln Pointe's vested rights determination and site plan approval. After litigation ensued, the City of Aventura approved the 28...
Representation of the managing member of a real estate investment fund in connection with a personal limited recourse guaranty associated with a $190 million commercial loan on a 400,000 square foot Class-A office building. Successfully defended client by obtaining final summary judgment in Miami-Da...